CLOUDERA INC Technical Analysis (NYSE:CLDR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The CLDR stock chart pattern can give those who understand technical analysis an indication of which way CLDR stock is headed, but cannot predict with 100% certainty as to what can happen to the CLOUDERA INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CLOUDERA INC. Technical analysis uses an approach for CLOUDERA INC stock analysis that does not care for the fair value of a company but uses price and volume data only.
CLOUDERA INC Moving Average
Moving averages help predict the price direction of CLDR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for CLOUDERA INC are mostly signals of long term trends and will help long term traders.
CLOUDERA INC Bollinger Bands
Bollinger bands comprise of a center line usually CLDR SMA, and two CLDR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of CLOUDERA INC bollinger bands.
CLOUDERA INC Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The CLOUDERA INC MACD line is below the signal line.
CLOUDERA INC Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 39.42 is the RSI value of CLDR stock.